MRX vs. JOET

Last updated Apr 2, 2026

Compare and contrast key facts about Marex Group PLC (MRX) and Virtus Terranova U.S. Quality Momentum ETF (JOET).

JOET is a passively managed fund by Virtus Investment Partners that tracks the performance of the Terranova U.S. Quality Momentum Index. It was launched on Nov 17, 2020.

Performance

MRX vs. JOET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Marex Group PLC (MRX) and Virtus Terranova U.S. Quality Momentum ETF (JOET). The values are adjusted to include any dividend payments, if applicable.

MRX vs. JOET - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MRX Marex Group PLC	12.71%	25.07%	65.86%
JOET Virtus Terranova U.S. Quality Momentum ETF	-3.93%	11.89%	15.71%

Returns By Period

In the year-to-date period, MRX achieves a 12.71% return, which is significantly higher than JOET's -3.93% return.

MRX

• 1D: -3.43%
• 1M: -1.31%
• YTD: 12.71%
• 6M: 41.68%
• 1Y: 22.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JOET

• 1D: 0.80%
• 1M: -5.50%
• YTD: -3.93%
• 6M: -5.31%
• 1Y: 10.37%
• 3Y*: 14.63%
• 5Y*: 9.33%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

MRX vs. JOET — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MRX

MRX Risk / Return Rank: 55
MRX Sharpe Ratio Rank: 60
MRX Sortino Ratio Rank: 56
MRX Omega Ratio Rank: 53
MRX Calmar Ratio Rank: 53
MRX Martin Ratio Rank: 52

JOET

JOET Risk / Return Rank: 32
JOET Sharpe Ratio Rank: 29
JOET Sortino Ratio Rank: 29
JOET Omega Ratio Rank: 29
JOET Calmar Ratio Rank: 35
JOET Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MRX vs. JOET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Marex Group PLC (MRX) and Virtus Terranova U.S. Quality Momentum ETF (JOET). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	MRX	JOET	Difference
Sharpe ratio Return per unit of total volatility	0.56	0.55	0.00
Sortino ratio Return per unit of downside risk	1.06	0.91	+0.15
Omega ratio Gain probability vs. loss probability	1.13	1.13	0.00
Calmar ratio Return relative to maximum drawdown	0.58	0.93	-0.35
Martin ratio Return relative to average drawdown	1.07	3.60	-2.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MRX vs. JOET - Sharpe Ratio Comparison

The current MRX Sharpe Ratio is 0.56, which is comparable to the JOET Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of MRX and JOET, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MRX	JOET	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.56	0.55	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.35	0.60	+0.75

Correlation

The correlation between MRX and JOET is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MRX vs. JOET - Dividend Comparison

MRX's dividend yield for the trailing twelve months is around 1.39%, more than JOET's 0.68% yield.

	TTM	2025	2024	2023	2022	2021	2020
MRX Marex Group PLC	1.39%	1.54%	0.90%	0.00%	0.00%	0.00%	0.00%
JOET Virtus Terranova U.S. Quality Momentum ETF	0.68%	0.65%	0.71%	1.32%	1.25%	0.42%	0.08%

Drawdowns

MRX vs. JOET - Drawdown Comparison

The maximum MRX drawdown since its inception was -41.13%, which is greater than JOET's maximum drawdown of -26.58%. Use the drawdown chart below to compare losses from any high point for MRX and JOET.

Drawdown Indicators

	MRX	JOET	Difference
Max Drawdown Largest peak-to-trough decline	-41.13%	-26.58%	-14.55%
Max Drawdown (1Y) Largest decline over 1 year	-41.13%	-11.87%	-29.26%
Max Drawdown (5Y) Largest decline over 5 years	—	-26.58%	—
Current Drawdown Current decline from peak	-9.47%	-7.20%	-2.27%
Average Drawdown Average peak-to-trough decline	-13.02%	-7.36%	-5.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.21%	3.07%	+19.14%

Volatility

MRX vs. JOET - Volatility Comparison

Marex Group PLC (MRX) has a higher volatility of 15.77% compared to Virtus Terranova U.S. Quality Momentum ETF (JOET) at 5.53%. This indicates that MRX's price experiences larger fluctuations and is considered to be riskier than JOET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MRX	JOET	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.77%	5.53%	+10.24%
Volatility (6M) Calculated over the trailing 6-month period	30.12%	10.41%	+19.71%
Volatility (1Y) Calculated over the trailing 1-year period	40.84%	18.87%	+21.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.21%	17.69%	+23.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.21%	17.62%	+23.59%